Dhaka, Wednesday, November 21, 2018 04:02 AM   
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
বাংলা সংস্করণ
Energy BD
Govt resolves FSRU issues, to resume LNG imports
Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday. Two cargoes, meant to be delivered on November 07 and November 15, had been cancelled as the FSRU was closed due to problems with a hydraulic line that operates an emergency shutdown valve. “The problem with the hydraulic line has been resolved now,” said Mohammad Quamruzzaman, managing director of Rupantarita Prakritik Gas Company, the unit in-charge of LNG imports at state-owned oil firm Petrobangla. The next cargo with 140,000 cubic-metre LNG will arrive on November 21, he told Reuters. No LNG has been discharged into Bangladesh’s Cox’s Bazar since October 29, shiptracking data from Refinitiv Eikon showed. Bangladesh has a long-term supply agreement with Qatar’s RasGas Co. The South Asian nation began importing LNG from Qatar on a regular basis in September. The FSRU arrived in April for commissioning in Moheshkhali port by Cox’s Bazar. A second FSRU project, operated by Summit Corp with Japan’s Mitsubishi Corp as a partner, is expected to start operations in March next year, doubling the country’s import capacity to 7.5 million tonnes a year.
Short course on nuclear power technology at BUET by Russian professors
November 17, 2018 Saturday 4:50 PM By News Desk, energynewsbd.com
Institute of Nuclear Power Engineering (INPE) of Bangladesh University of Engineering and Technology (BUET) in association with National Research Nuclear University MEPhI of Russia organised a workshop on Nuclear Technology from November 5 to 9 at INPE Auditorium. Seventy student from different faculties of BUET took part in the intensive workshop covering topics like machinery and equipment of VVER-1000 and VVER 1200 based nuclear power plants, nuclear fuel cycle and thermohydraulic profiling of nuclear reactor cores. Three Professors from MEPhI - Dr. Dmitrii Samokhin, Dr. V Fedoseev and Dr. Olga Momot were the mentors in the workshop. On the concluding day on November 9, certificates were awarded among the participants, said a press release. Dr. Shaikh Anowarul Fattah, Director of INPE- BUET, Dr. M A Rashid Sarkar, Former Diector of INPE-BUET, A P Demin, Director of Russian Centre of Acience and Culture in Dhaka, Mikhail S. Bronnikov, and ROSATOM (Russian State Atomic Energy Corporation) Representative in Bangladesh were present on the occasion. “I found the participants to be very enthusiastic. I believe that they are capable enough to take the challenge of implementing Bangladesh’s nuclear power programme in future.” said Dr. Dmitrii Samokhin, Head, Department of Nuclear Physics and Engineering, MEPhI. “We look forward to organise similar courses for Bangladeshi students in the days to come.” Bangladesh is implementing its first ever nuclear power plant at Rooppur of Pabna the technological and financial assistance from Russia, which is considered to be the global leader in construction of nuclear power plants. The power project will have two units each of 1,200 MW capacity. Latest 3+ Generation VVER- 1200 reactors to be set up there which completely meet up the safety requirements set by International Atomic Energy Agency (IAEA). Moreover, under an inter-governmental agreement Russia is assisting Bangladesh in training its manpower for the Rooppur Nuclear Power Project. Over hundred students from Bangladesh presently are studying nuclear science in Russian universities. Rosatom is also providing theoretical and practical courses for Rooppur project employees.        
Category: Nuclear
Grand opening of LAUGFS cylinder requalification plant
November 17, 2018 Saturday 4:34 PM By News Desk, energynewsbd.com
LAUGFS Gas Bangladesh, an entity of cent percent Sri Lankan investment by the ownership of LAUGFS Holdings, officially inaugurated its cylinder requalification plant at its terminal in Mongla, Khulna. With the deployment of advanced technologies and modern machineries, it’s a state of the art infrastructure that LAUGFS Gas has built to serve the country with safest and best quality LP Gas cylinders, said a press release. Safety is the license to lead- keeping this notion in mind, LAUGFS Gas’ newly built infrastructure will reassure its promise to deliver the most safest LP Gas cylinders in the market. Trusted partner in the global LP Gas market, LAUGFS Gas serving the people of Bangladesh with safety, quality and reliability with the support of its nationwide distribution network. The occasion was graced by the presence of LAUGFS Gas’ Group Managing Director Thilak De Silva, Director & CEO Saidul Islam, COO Ranjith Jayawardena, GM- Sales and Marketing Nazeer Latiff and GM- Operations Dr. Mayura Neththikumarage. The board and senior officials of LAUGFS Gas Bangladesh have thanked all the staffs, distributors and stakeholders of Bangladesh for relentlessly working together to achieve the common goal of its business operation and the established plant is one of the milestones of it.
Category: LPG
South Asia LPG Summit to be held on March 3-4
November 11, 2018 Sunday 12:44 PM By News Desk, energynewsbd.com
South Asia LPG Summit 2019 will be kicked off in Bangladesh on March 3-4, 2019 at the International Convention City Bashundhara in Dhaka. The Asia Summit will bring hundreds of investors and LPG operators to Bangladesh as well as over 60 international companies showcasing the latest developments in LPG technology and equipment. The Summit has been instrumental in bringing together entrepreneurs, investors, global LPG players, governments, NGOs and technology provider in helping to develop and grow the LPG industry in Asia in a sustainable and safe manner. LPG will be increasingly important in the energy mix of Bangladesh in the coming years, and the Asia LPG summit will be very important to bringing the international spotlight to Bangladesh. The summit is organised by WLPGA, All Event Groups, Singapore and Global Event Management Services Ltd, said an official.
Category: LPG
PM to open seven power plants Thursday
October 31, 2018 Wednesday 7:22 PM By BSS
Prime Minister Sheikh Hasina is set to inaugurate seven newly-constructed power plants and programs ensuring 100 percent power coverage in 102 upazilas on Thrusday. “The Prime Minister will also lay foundation stones of two energy related projects on Thursday through videoconferencing from her official residence Gono Bhaban at 10am,” said State Minister for Power, Energy and Mineral Resources Nasrul Hamid. Addressing a press briefing at Bydut Bhaban, he said electricity generation capacity reached to 20,430 MW (captive and renewable), four times higher than 2009. The Prime Minister will inaugurate seven power plants, activities of 100 percent power coverage in 102 upazilas and lay foundation stones of two energy projects. “Currently 92 percent people are getting electricity, which was only 47 percent before 2009. We have provided power connections to 2.03 crore consumers during the same period,” Nasrul said. He said the government has brought over two crore people under power coverage through 53 lakh solar home systems, adding “Presently 55 power plants having 13,654 MW electricity generation capacity are under construction. Besides, tender is being processed for setting up more 23 power plants having 7,461 MW capacity.” The state minister said the government has also undertaken a plant to construct 19 power plants with 20,156 MW generation capacity, adding, “The government has brought 102 upazilas under 100 power coverage.” The 102 upazilas which came under 100 percent power coverage are Nababganj, Dohar, Kashiani, Muksudpur, Gopalganj Sadar, Mithamoin, Tarail, Itna, Hossianpur, Kishorganj Sadar, Bajitpur, Srimangal, Natore Sadar, Naldanga, Gurudaspur, Puthia, Charghata, Bagha, Tanor, Chitalmari, Chaugachha,Jhikargachha, Keshobpur, Jibonnagar, Damurhuda, Pirojpur Sadar, Harirampur, Saturia, Gheor, Atrai, Mohadebpur, Raninagar, Niamatpur, Jhalakathi Sadar, Rajapur, Pabna Sadar, Biswanat, Gopalganj, Jointapur, Balaganj, Dumuria, Feni Sadar, Kushtia Sadar, Kumarkhali, Fulbari, Kaharol, Ramganj, Rangunia, Chandanaish, Satkania, Anwara, Bijoynagar, Kasba, Banchharampur, Chandina, Brahmanpara, Lalmai, Titash, Meghna, Homna, Daudkandi, Nangolkot, Burichang, Laksham, Chouddagram, Chatkhil, Sonaimuri, Dakhin Sunamganj, Taraganj, Rangpur Sadar, Tala, Cox’s Bazar Sadar, Teknaf, Gangni, Doulatkhan, tojumuddin, Sirajganj Sadar, Rayganj, Tarash, Chouhali, Madaripur Sadar, nilphamari Sadar, Kaliganj, Kaliakoir, Shariatpur Sadar, Damuddya, Chandpur Sadar, Sarasti, Hajiganj, haimchar, Sonargaon, Nandigram, Sonatala, Dupchachia, Bogra Sadar, Kahalu, Adamdighi, Shajahanpur, Charbhadrasan, Alfadanga, Magura Sadar and Sripur. The state minister said the government has been working tirelessly in a planned way to ensure a balanced development where each house will get electricity connection by 2021. He mentioned that socioeconomic development can be ensured after the development of communication and power connections. “Keeping that in mind, we’re working to ensure 100 percent electricity supply for every citizen,” he added. Nasrul said Father of the Nation Bangabandhu Sheikh Mujibur Rahman liberated the country aiming to make Bangladesh free from poverty and hunger. Prime Minister’s Energy, Power and Mineral Resources Advisor Dr Tawfiq-e-Elahi Chowdhury, Power Division Secretary Dr Ahmad Kaikaus, Energy and Mineral Resources Division Secretary Abu Hena M Rahmatul Munim, Bangladesh Rural Electrification Board Chairman Major General (Retd) Moin Uddin, Bangladesh Power Development Board Chairman Engineer Khaled Mahmood and Power Cell Director General Engineer Mohammad Hossain were present.  
Category: Power
PM opens Payra thermal power plant rehabilitation project
October 27, 2018 Saturday 7:42 PM By BSS
Prime Minister Sheikh Hasina on Saturday inaugurated Payra power plant rehabilitation project at Kolapara and visited the power plant. The premier opened the scheme named Swapner Thikana at a function on the power plant premises. She also visited newly constructed houses for the people affected in project area and handed over keys and registration papers to the rehabilitated families. She also released fish fries into the ponds of the centre and planted a sapling. Earlier, she visited Payra thermal power plant project where Power Division Secretary Ahmed Kaikaus and the project director briefed her on different aspects of the plant. She also briefly addressed a gathering of workers and said that the power plant will bring about a revolutionary change in the life and livelihood of the people of the southern region. “The power plant will open the door for a beautiful life of the people of the region,” she said. Sheikh Hasina thanked all concerned for working round-the-clock to complete the project. Highlighting the government’s steps for generating electricity in the country, the prime minister said the government has been able to produce 20,000MW electricity over the last 10 years. Ministers, parliament members, PM’s advisers, local AL leaders and high civil and military officials were present. The state-run North-West Power Generation Company Ltd and Chinese CMC Company are jointly constructing the ultra supercritical power plant. According to officials, the present capacity of the plant is 1,497 MW, while the future plan is to produce 6,130 MW. The authorities have set a target to generate 10,000 MW by 2025 through the plant. Through the same function, the prime minister opened 16 development projects of different areas of Patuakhali district by unveiling their plaques from Payra thermal power plant.
Category: Power
Unipec, Vitol poised to win tender to supply fuels to Bangladesh
October 27, 2018 Saturday 9:42 AM By Reuters
Bangladesh Petroleum Corporation (BPC) has received offers from a mix of traders and state oil companies in its tender for over 1.4 million tonnes of oil products for the first half of 2019, with Unipec and Vitol giving the best quotations. “Unipec is supposed to win the tender for both gasoil and jet fuel as they came up with the lowest offers. And Vitol is likely to secure the tender for fuel oil and gasoline as their offers are (the) lowest,” said a senior official of BPC. The deals with Unipec and Vitol will be finalised within a short time after verifying all other details, the official said. China’s Unipec - trading arm of Chinese state major Sinopec - gave the lowest offer for gasoil and jet fuel at premiums to Middle East quotes of slightly below $2.90 and $3.70 a barrel respectively, according to the official. The Asian unit of trading house Vitol submitted gasoil and jet fuel offers that were slightly higher. Vitol Asia gave the lowest offers, however, at premiums to Middle East quotes for gasoline slightly under $4.25 a barrel and fuel oil at about $22.30 a tonne, the BPC official said. Other sellers who participated in BPC’s import tender include PetroChina, Sinochem, Emirates National Oil Company (ENOC), Trafigura, PTT and Gunvor. Bangladesh typically imports about 3.2 million tonnes of diesel and 2.5 million tonnes of fuel oil annually, making it one of the top 10 importers for those fuels in Asia.
Category: Petroleum
‘SWAPNER THIKANA a role model for other countries of the world’
October 26, 2018 Friday 10:48 PM By Staff Correspondent, energynewsbd.com
Prime Minister Sheikh Hasina on Saturday is going to inaugurate Swapner Thikana, a rehabilitation project for those affected due to the land acquisition for the 1,320MW coal-fired power plant at Kolapara upazila of Patuakhali. Power Cell Director General Mohammed Hossain said all the steps required have been taken for the project launching ceremony. Through the premier opening the project, the affected landowners will be able to live in their new desired address.  The project is adjacent to the site of the power plant, he said, adding, “It is a complete and modern project where a school, a mosque, a community centre, a playground and other civic amenities are available.”  The project will be deemed a role model for other countries of the world, opines the chief of the Power Cell which works under the Power Division. The prime minister will hand over a key to each of the affected families during the inaugural programme. Bangladesh-China Power Company Limited, a joint venture of the North-West Power Generation Company Limited (Bangladesh) and China National Machinery Import and Export Corporation, is constructing the power plant. Officials of the power plant expect that it will start power generation from May 2019.
Category: Power
Orion’s Rupsha plant adds 105MW to national grid
October 23, 2018 Tuesday 8:02 AM By News Desk, energynewsbd.com
Orion Group, one of the leading independent power producers (IPP) in Bangladesh has started commercial operation of a 105MW heavy furnace-oil based power plant at Rupsha in Khulna. With successful completion of this project, currently Orion Group is delivering 407MW electricity to national grid, said a press release. “Some more power projects with diversified fuel and renewable energy are in the pipeline of Orion Group, which will come soon and increase contribution to the economic development of Bangladesh,” said a high Orion Group official.  “Only within 307 days since signing the agreements, the plant—Orion Power Rupsha Ltd—started supplying electricity to the national grid on October 9 this year on a trial basis while the commercial operation began on October 14,” he said. “This was a remarkable achievement indeed because, upon getting letter of intent (LoI) from the state owned Bangladesh Power Development Board, the sponsor managed to procure necessary lands, all equipment and construction of entire plant,” he added. The plant is equipped with six 18V50 engines newly introduced by Wartsila of Finland and Italy. They are of latest design and highest efficient HFO (high sulfur fuel oil) engines and were supplied within five months. Wartsila supported of the need by providing fast-track deliveries and strong local based expertise to complete the project at earliest. “The capability of Orion’s power project execution is commendable. The project will help the growth of local industries and, therefore, will create new jobs. We, Wartsila are delighted to be involved in this positive development,” said Jillur Rahim, Managing Director of Wartsila Bangladesh. Among major equipment, boilers were supplied by Alfa Laval Aalborg (Finland and China), ABB (Sweden, Switzerland, Malaysia, Singapore, Vietnam and China), and Triveni (India). The financing of the project was raised with a mix of local and foreign sources: Mercantile Bank Ltd was the lead lender with participation of Mashreqbank psc of the UAE.  “We are delighted to be a part of the financing mechanism of such an important establishment for the country. We enjoyed working with Orion and want to continue the business relationship by investing in other projects if found preferable,” said Mati Ul Hasan, Additional Managing Director of Mercantile Bank Ltd. This is Mashreq Bank’s third work with Orion, said Iqbal H Khanyari, Head of the International Corporate Division of the bank. Previously, Mashreq provided a mid-term and a short-term loan to two of Orion`s power plants. The major challenge in the project was the construction of around 7km 132-kilovolt double circuit evacuation line, which is connected to the existing 132kV Goalpara-Bagerhat double circuit transmission line. Also river erosion played havoc in constructing jetty for unloading the heavy equipment at project site. “The highly efficient project team has overcome all the challenges and brought the project in commercial operation by the grace of Almighty Allah and under the auspices and direction of skilful management,” said Major General (Retd) Salahuddin Miaji, Executive Director of Orion Group.  
Category: Power
‘Bangladesh Smart Electrical Company will manufacture five lakh pre-paid meter a year’
October 21, 2018 Sunday 10:10 PM By Staff Correspondent, energynewsbd.com
With an aim to provide better service to electricity consumer, Bangladesh Smart Electrical Company Ltd has started its journey with the capacity of producing five lakh pre-paid meter annually. The company was formed on Sunday by signing a joint venture agreement between state-owned West Zone Power Distribution Company Ltd (WZPDCL) and Chinese Hexing Electrical Company Ltd at Bidyut Bhaban in Dhaka. The deal was signed by Abdul Motaleb, Company Secretary of WZPDCL and Zhou Liangzhang, Chairman of Hexing Electrical Company for implementation of a joint venture company named Bangladesh Smart Electrical Company Limited (BSECL). The signed contract between WZPDCL and Hexing will facilitate a JV company being first state-owned company in Bangladesh for implementing a plant for manufacturing smart pre-payment meter and other electrical appliances. WZPDCL, a subsidiary of Bangladesh Power Development Board and Hexing Company will jointly install the plant under 51:49 ownership basis. The authorised capital of the new company will be about Tk 50 crore while the paid-up capital will be Tk 28.6 crore. The joint venture company is expected to set up the manufacturing plant within the next two months. There is a mention in the company structure that the smart-pre-payment meter produced by the company can be exported abroad by meeting the domestic demand. Speaking on the occasion as the chief guest, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said, like the way West Zone Power Company has come forward to produce pre-paid meter, other distribution company should come forward to do so. Since the company is a state owned own, it will not face difficulty in getting listed at the share market. Maksuda Khatun, Chairman of WZPDCL and Additional Secretary of Power Division said that it will be possible to supply quality smart pre-payment meter at a price less than the present market price to the respected electricity consumers. “Expected production cost of each single-phase smart pre-payment meter is Tk 3780 and the current market price is Tk 4544.” She said. She also said even if the sale price is Tk 4000 then it will be possible for the customers to get each single phase smart pre-payment meter at a reduced price. Managing Director of WZPDCL Engineer Md Shafique Uddin said that the new company will be set up in Khulna under WZPDCL area. Government is committed to transform the country into Digital Bagngladesh within 2021. This smart meter company will play an important role to implement the vision. He also said meters will also be exported to neighboring as well as other countries. The meters can be supplied to the consumers as relatively cheaper price by constant up-gradation of the advancement of technology. Dr Ahmad Kaikaus, Secretary of Power Division, Zhou Liangzhang, Chairman of Hexing Electrical Company and Khaled Mahmood, Chairman of Bangladesh Power Development Board were present as special guest on this historical event.          
Category: Power
Bangladesh, ENOC agree to feasibility study for LPG terminal
October 19, 2018 Friday 9:52 AM By Reuters
Bangladesh and Dubai-based Emirates National Oil Company (ENOC) agreed on Thursday to conduct a feasibility study on setting up a liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said. “Today we held talks with the ENOC delegation and decided to conduct a feasibility study for a joint venture project to build an LPG terminal,” said Sayed Mohammad Mozammel Haque, a director of state-owned Bangladesh Petroleum Corporation. “This is a positive step. After the study, we will finalise the capacity for the terminal and other related things,” he told Reuters after the meeting in Dhaka. Bangladesh currently imports LPG mostly from Oman and Qatar, Haque said. Transport costs for LPG are now about $100 per tonne but once the terminal is built that cost could fall to $30 as it will allow big ships to anchor, which would translate into a 10 percent lower price for end-users, he said. The LPG terminal could be built at Matarbari on Moheshkhali Island in the Bay of Bengal, where the country’s first deep-sea port will be built, the official said. A shortfall in supplies of natural gas has prompted the government to encourage the use of LPG for households. LPG, a mixture of propane and butane, can be used for cooking and transport, as well as in the petrochemical industry. Bangladesh’s demand for LPG now stands at 1 million tonnes against a supply of 600,000 tonnes, the official said, adding the demand could go up to 2 million tonnes by 2022 as it will be a key source for cooking gas in Bangladeshi households. The south Asian country has also turned to liquefied natural gas to offset falling domestic gas output to feed industrial demand and electricity generation in the nation of 160 million people.
Category: LPG
Bangladesh tenders for 1.425m tonnes of oil products
October 17, 2018 Wednesday 12:16 PM By Reuters
Bangladesh Petroleum Corporation (BPC) issued an international tender on Tuesday to import up to 1.425 million tonnes of refined oil products in the first half of 2019, according to a tender document from the company. The state-owned company is seeking 1.06 million tonnes to 1.18 million tonnes of gasoil with a sulphur content of 500 parts per million, 80,000 to 120,000 tonnes of 180-centistoke high-sulphur fuel oil, 110,000 tonnes of jet fuel and 15,000 tonnes of 95-octane gasoline. The tender closes on October 25 and is valid up to February 25, 2019. Delivery will be carried out in phases over the first half of 2019, a senior BPC official said. Some volumes will also be imported through separate term deals, he told Reuters, without giving details. BPC resumed issuing tenders for long-term contracts in February 2016 after a 15-year hiatus, during which it negotiated directly with suppliers of fuel products. The company wants to move away from direct deals and instead buy at cheaper rates through international tenders. A shortfall in supplies of natural gas has forced the South Asian country to burn oil, a costlier option, to generate electricity. Bangladesh typically imports about 3.2 million tonnes of diesel and 2.5 million tonnes of fuel oil annually, making it one of the top 10 such importers in the region. Currently, BPC has term contracts with eight companies for refined oil product imports. Suppliers for Bangladesh’s middle distillates contracts include Kuwait Petroleum Corp, Malaysia’s Petroliam Nasional Bhd, Emirates National Oil Co, Philippines National Oil Co, Indonesia’s Bumi Siak Pusako and PetroChina. Bangladesh has also signed a 15-year deal with India’s Numaligarh refinery to supply diesel, its first long-term contract with any Indian supplier. BPC also buys 700,000 tonnes of Murban crude from Abu Dhabi National Oil Co annually and another 700,000 tonnes of Arab Light from Saudi Aramco for its only refinery. Bangladesh started operations at the country’s first liquefied natural gas (LNG) terminal in August, to offset falling domestic gas production.
Category: Petroleum
No gas price hike for now: BERC
October 16, 2018 Tuesday 8:15 PM By News Desk, energynewsbd.com
Bangladesh Energy Regulatory Commission (BERC) on Tuesday declared of not increasing gas prices, announced to subsidize around Tk 3,100 crore in the ongoing fiscal to maintain the status quo. The watchdog body announced its decision at a press conference at the commission office in Dhaka. In a packed hearing room of the BERC office in Karwanbazar, the declaration came amidst surprise; while many terming it a populist move by the government ahead of the election at yearend. BERC Chairman Monowar Islam was present at the press conference also attended by BERC members Rahman Murshed, Md Mahmudul Haq Bhuiyan, Md Abdul Aziz Khan and Md Mizanur Rahman. When asked whether upcoming election has played any part, Monowar Islam said, “We are not Election Commission and we did not think of election while adjusting the gas price.” “The decision was taken basing on the proposals that we receive from the gas transmission and distribution companies and our own methodologies,” he added. The BERC Chairman said the gas price hike proposals from the gas distribution and transmission companies were on the regulator’s chalkboard as liquefied natural gas (LNG) was supposed to be blend with the piped gas—because of which the average price of gas should have been hiked. “It was assumed by the companies that around 1,000 mmcfd LNG was going to be added. But in reality, after much dilly-dallying, less than 300 mmcfd LNG has so far been added. So we did not feel the necessity of hiking the price,” he said. Monowar said, the National Board of Revenue (NBR) decision of withdrawing all import supplementary and customs duties and advance trade VAT (ATV) on LNG also helped them to take the decision of keeping the gas price unchanged. The NBR move implies that 5 percent customs duty and 5 percent advance trade VAT alongside a 93.24 percent SD on LNG is no longer applicable. “So such move by the exchequer has offset the price adjustment needed to minimize the subsidy,” said Monowar. “In simpler words, the average unit price of gas is now Tk 7.19 and we needed to increase Tk 1.46 if those taxes and duties were not waved on LNG by the NBR,” Monowar said adding that a total of Tk 3,100 crore will have to be given as subsidy in the ongoing fiscal now. According to the latest circular issued by the BERC, the industry, captive power, tea-garden, commercial and household subscribers of gas now have to give two months and four months of security deposit instead of three and six. The captive, industry and tea-garden now has to give one-third security deposit in cash instead of 50 percent and 50 percent bank guarantee instead of two-third. In case of pre-paid meter, no security deposit will be needed.  Earlier, all the seven state-owned downstream entities in gas sector - six distribution companies, one transmission company - had appealed to the BERC seeking an average 75 per cent hike on the existing gas prices for different consumer groups except the household and commercial ones. The upward price revision was sought for industrial consumers, power plants, fertilizer factories, captive power plants, and CNG refueling stations. The distribution companies are Titas Gas Transmission and Distribution Company Limited, Bakhrabad Gas Distribution Company Limited, Jalalabad Gas Transmission and Distribution System Limited, Pashchimanchal Gas Company Limited, Karnaphuli Gas Distribution Company Limited and Sundarbans Gas Company Limited. While participating in the hearing, the gas entities argued that as per the government decision they had to submit their respective price hike proposals because of the high import cost of LNG as it will push up their cost substantially. The Petrobangla started supplying the imported LNG to national gas network from August 18 through re-gasification by private sector-operated floating storage and re-gasification unit. Officials said currently 300 mmcfd gas is being supplied from LNG and it will go up to 500 mmcfd in a month or two and then 1000 mmcfd gas will be flowed from next year as per a government plan.  
Category: Gas
PTC sings $1.8 billion power supply deal with Bangladesh
October 12, 2018 Friday 11:31 AM By News Desk, energynewsbd.com
Power trading solution provider PTC India said Wednesday it has signed two new power purchase agreements (PPAs) with Bangladesh Power Development Board (BPDB) for supplying 200 MW power to that country. PTC India is already supplying 290 MW power to Bangladesh and signed Tuesday two new agreements for 200 MW on short and long-term basis for 15 years, a PTC statement said. The short-term power for 200 MW is from power pool of West Bengal State Electricity Distribution Company Ltd (WBSEDCL). The long-term power will be supplied through imported coal project of Meenakshi Energy Ltd, according to a report by The Economic Times. With this new addition in cross-border supply, PTC will add more than 1.5 billion units to its existing portfolio of 7 billion units power supply to neighbouring countries (Bangladesh, Bhutan and Nepal), it added. The transaction is expected to give export earning of US $ 1.8 billion over its contract period. Deepak Amitabh, chairman and managing director, PTC India, said in the statement, “This transaction is another step towards a regional market for power that will aid closer cooperation among our neighbours for energy security.”  
Category: Power
Bangladesh to hold talks with ENOC for LPG terminal
October 3, 2018 Wednesday 10:10 AM By Reuters
Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday. “ENOC has sent us a proposal for a joint venture project to build an LPG terminal,” said Sayed Mohammad Mozammel Haque, a director of state-owned Bangladesh Petroleum Corporation. “We have invited them for detailed discussions in our office in Dhaka. They are supposed to come on October 11,” he told Reuters, adding the capacity for the terminal and all other details will be discussed during the meeting. Bangladesh currently imports LPG mostly from Oman and Qatar, Haque said. Transport costs for LPG are now about $100 per tonne but once the terminal is built that cost could fall to $30 as it will allow big ships to anchor, which would translate into a 10 percent lower price for end-users, he said. The LPG terminal could be built at Matarbari on Moheshkhali Island in the Bay of Bengal, where the country’s first deep-sea port will be built here, the official said. The government is encouraging the use of LPG for households to cope with a shortfall in supplies of natural gas. LPG, a mixture of propane and butane, can be used for cooking and transport, as well as in the petrochemical industry. Bangladesh’s demand for LPG now stands at 1 million tonnes against a supply of 600,000 tonnes, the official said, adding the demand could go up to 2 million tonnes by 2022 as it will be a key source for cooking gas in Bangladeshi households. The south Asian country has also turned to liquefied natural gas to offset falling domestic gas output to feed industrial demand and electricity generation in the nation of 160 million people.
Category: LPG
Import duties on LNG withdrawn
October 2, 2018 Tuesday 9:07 PM By News Desk, energynewsbd.com
In a major move for the energy sector, the government has withdrawn all kinds of import duties imposed on the liquefied natural gas (LNG). The Internal Resources Department (IRD) under the Finance Ministry issued a circular in this regard on September 30, saying that the order went in effect from September 18. An official of Bangladesh Oil, Gas and Mineral Corporation, widely dubbed as Petrobangla, expected the government move to reduce the import costs on the super-chilled fuel item. Another circular could be published in a day of two, only to announce the withdrawal of supplementary duties, sources said. However, the current ceiling of value added tax (VAT) and advance income tax (AIT) will remain unchanged. Bangladesh Energy Regulatory Commission (BERC) is likely to announce newly fixed prices of gas by the current week soon after the circular is issued. A member of the energy regulatory body said there will be a gas price hike for consumers from all sectors other than the domestic and commercial ones—a move meant for adjusting the costs of expensive imported LNG costs.  
Category: Gas
PGCB signs deal to upgrade Aminbazar grid sub-station
October 1, 2018 Monday 11:54 AM By News Desk, energynewsbd.com
The state-owned Power Grid Company of Bangladesh (PGCB) signed a Tk 164 crore deal with a Korean company to upgrade the Aminbazar grid sub-station with a view to improving the power supply situation from Payra of Patuakhali to Aminbazar in Dhaka. PGCB company secretary Md Ashraf Hossain and Hyosung Corporation team manager Eun Sung Lee signed a deal in this regard on behalf of their respective organisations at PGCB office on Sunday. Under the project, the PGCB will convert the Aminbazar 230/132kV grid sub-station into a 400/230 kV one in order to strengthen its capacity. Upgrading of the grid sub-station will help supply of electricity from 1,320MW and 3,000MW Payra power plants and 1,320MW Rampal power plant through Gopalganj. The project will also help improve capacity to supply electricity at 400 kV gridline at Meghnaghat. Under the deal, the Korean firm Hyosung Corporation will complete the project on turn-key basis. The signing programme was attended, among others, by PGCB Executive Director (O&M) Md Emdadul Islam, Chief Engineer (P&D) Pranab Kumar Roy, Chief Engineer (Project Monitoring) Arun Kumar Shah, Superintendent Engineer Abdur Rashid Khan and General Manager Abul Khair.
Category: Power
    Recent Energy BD Stories
Import duties on LNG withdrawn
PGCB signs deal to upgrade Aminbazar grid sub-station
Plan to extend power transmission lines to 36,870 kms by 2041
Russian bloggers visit Rooppur nuclear power plant
Bangladesh-India joint steering committee on power meets in Sylhet
Chattogram LNG supply rises as RasGas vessel docks
Announcement of gas price hike ‘this week’
Hasina, Modi inaugurate construction of 130km cross-border oil pipeline
Dhaka, Moscow sign protocol amending Rooppur nuclear power deal
Sheikh Hasina, Modi to open Bangladesh-India oil pipeline Tuesday
Partial production at Barapukuria power plant resumes
Chattogram starts getting 300mmcfd LNG
Bangladesh begins import of additional 300 MW power from India
Coal extraction resumed after three months in Barapukria
Rooppur NPP pavilion at ICCB creates huge interest among the visitors
NWPGCL sign deal with Siemens on 3600 MW LNG power plant at Payra
Chevron largest natural gas producer in Bangladesh
Drawback in power sector during BNP regime ‘unprecedented’: PM
New HVDC link boosts India-BD power transmission capacity
AIIB helps Bangladesh reach energy targets with up to $274 in Investments
Unplanned developments a challenge for power sector
India’s SGPL to supply 250MW power to BD
Rosatom starts training for Rooppur NPP staff in Russia
Installation of the ‘corecatcher’ begins at Rooppur Nuclear Power Plant
BREB chief declares zero tolerance against bribe
ECNEC approves smart electricity prepaid meter project for Dhaka
National grid gets additional 16mmcfd of gas from Habiganj field
DESCO to implement Tk 186.50 cr smart meter project
Every house in country will be lit up: PM

Explore the energynewsbd.com
Energy World
Energy BD
Green Energy
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy